Ex-Aviation Minister Warns: New Airlines Face Tough Survival Amidst Industry Challenges

• Three new airlines are set to launch after receiving NOCs, announced by Aviation Minister Rammohan Naidu.
• Former Civil Aviation Minister Praful Patel cautions that the aviation sector needs large, strong, and reliable 'players' to survive.
• Patel emphasizes that the industry is capital-intensive and financially fast-paced, making it difficult for small or weak companies to sustain.
• He believes many new airlines may not last long, citing the need for experienced corporate forces like the Tata Group.
• Patel highlighted financial weakness as the biggest threat, referencing the closures of Jet Airways, Kingfisher, and GoAir.

Why It Matters: New airlines face significant challenges in India's capital-intensive aviation sector, requiring strong financial backing for survival.